Verde Servicos Internacionais S.A. purchased a new stake in NexGen Energy (NYSE:NXE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 125,000 shares of the company's stock, valued at approximately $868,000. NexGen Energy accounts for about 0.4% of Verde Servicos Internacionais S.A.'s investment portfolio, making the stock its 25th largest holding.
A number of other institutional investors also recently modified their holdings of the business. Compound Planning Inc. purchased a new position in NexGen Energy in the 1st quarter valued at approximately $46,000. PenderFund Capital Management Ltd. grew its position in shares of NexGen Energy by 45.0% in the first quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company's stock valued at $52,000 after purchasing an additional 3,600 shares in the last quarter. Ground Swell Capital LLC purchased a new position in shares of NexGen Energy in the first quarter valued at $55,000. Hsbc Holdings PLC raised its stake in shares of NexGen Energy by 10.4% during the 1st quarter. Hsbc Holdings PLC now owns 20,675 shares of the company's stock valued at $93,000 after purchasing an additional 1,946 shares during the period. Finally, Sava Infond d.o.o. lifted its holdings in NexGen Energy by 14.3% during the 2nd quarter. Sava Infond d.o.o. now owns 16,000 shares of the company's stock worth $111,000 after purchasing an additional 2,000 shares in the last quarter. 42.43% of the stock is currently owned by hedge funds and other institutional investors.
NexGen Energy Price Performance
NXE stock opened at $8.78 on Friday. The firm has a 50 day simple moving average of $7.82 and a two-hundred day simple moving average of $6.55. The stock has a market cap of $5.05 billion, a PE ratio of -35.12 and a beta of 1.44. NexGen Energy has a one year low of $3.91 and a one year high of $9.43.
NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.08). On average, research analysts expect that NexGen Energy will post -0.05 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts have weighed in on NXE shares. TD Securities reaffirmed a "buy" rating on shares of NexGen Energy in a report on Friday, August 8th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of NexGen Energy in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy".
Check Out Our Latest Research Report on NexGen Energy
NexGen Energy Company Profile
(
Free Report)
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
Further Reading
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